BP not a victim - It wants to break commitment to Gulf

6:37 PM,
Aug. 27, 2013

Written by

James Roy and Stephen Herman

Three years ago, the Gulf Coast was devastated by the worst man-made environmental disaster in American history. Eleven men lost their lives on the Deepwater Horizon oil rig, and millions of gallons of oil destroyed countless wildlife. The region's economic backbone was shattered.

In the wake of this disaster, BP pleaded guilty to lying to Congress regarding the extent of the spill and to 11 counts of manslaughter. BP also negotiated, wrote and agreed to a Settlement Agreement to compensate those affected by the spill. This included a formula for determining claims eligibility, which, in ...